Grady County voters overwhelmingly approved adding an additional one percent sales tax to local purchases to fund transportation improvements in the county as well as in the cities of Cairo and Whigham.
Nearly $15 million is projected to be generated by the Transportation Special Purpose Local Option Sales Tax approved by voters Tuesday by a vote of 4,048 – 1,462.
The new tax will go into effect Sept. 1, 2020 and will expire on Aug. 31, 2025.
Proceeds from the tax will be split by the three governing bodies with the county receiving the lion’s share of the tax, approximately $8,955,000 or 59.7 percent of the taxes collected.
The City of Cairo is expected to receive approximately $5,760,000 and the City of Whigham should receive $285,000.
Every dime of the sales tax proceeds must be earmarked for transportation projects and enhancements.
Voters also authorized the county and two cities to issue debt in order to fast-track the projects with the debt being repaid by the sales tax proceeds.
“Speaking on behalf of the county and Cairo and Whigham, we are grateful the voters overwhelmingly approved this tax. This will give us resources, we would not ordinarily have, to invest in improving our roads and local transportation infrastructure,” Grady County Commission Chairman Keith Moye said Tuesday.